Open Hearts Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 75,231 | 72,343 | 2,888 | 1.4 | — |
| 2014 | 74,996 | 66,289 | 8,707 | 3.4 | — |
| 2015 | 57,976 | 68,945 | −10,969 | 0.7 | — |
| 2016 | 52,168 | 44,759 | 7,409 | 3.5 | — |
| 2017 | 43,137 | 41,237 | 1,900 | 4.3 | — |
| 2018 | 42,237 | 39,621 | 2,616 | 6.1 | — |
| 2020 | 61,073 | 58,948 | 2,125 | 4.9 | — |
| 2021 | 90,222 | 83,625 | 6,597 | 4.4 | — |
| 2022 | 109,439 | 101,108 | 8,331 | 4.6 | — |
| 2023 | 113,200 | 111,154 | 2,046 | 4.4 | — |
In its most recent public year (2023), this organization brought in $2,046 more than it spent. Its reserves stood at about 4.4 months of spending, up from 1.4 in 2013.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Open Hearts Ministries Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works